ALL Fuels & Energy Company announced last month that the Board of Directors approved to apply for reinstatement on NASDAQ’s OTC Bulletin Board.
The President of ALL Fuels & Energy Company stated, “We are excited to move closer to our ultimate goal of liquid markets and shareholder value as we complete our acquisition and build of 500 million gallons per year of ethanol production.”
ALL Fuels & Energy currently has plans to build a large 100 million gallon per year ethanol production facility, and has been granted a permit for the building from the Iowa Department of National Resources. The total costs of the facility are approximated between $200-250 million.
The company’s value is expected to grow as it completes acquisitions, builds new plants, up-lists to the OTCBB, and increases production.
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